# USD/JPY falls to 157.70 as US 10-year yield drops to 4.89%

> The dollar-yen rate fell to 157.70 yen on Wednesday morning as the US 10-year Treasury yield declined to 4.89%. The report was published at 10:50 Tokyo time with no further details in the text.

- Date: 2026-11-04 · published 2026-11-04T03:08:41.729Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/79009-usd-jpy-falls-to-157-70-as-us-10-year-yield-drops-to-4-89
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Lower US Treasury yields reduce dollar support, which can modestly lift dollar-priced commodities for non-US buyers.

## Read by commodity

- DXY: bearish ▼
- USDJPY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2024-05-31 | [Dollar Drops as Bond Yields Fall on Hopeful US Inflation Report](https://feedsoft.ai/events/30468-dollar-drops-as-bond-yields-fall-on-hopeful-us-inflation-report.md) | +0.3% | +1.8% |
| DXY | 2019-06-21 | [Dollar extends losses to 2-week low as US bond yields fall](https://feedsoft.ai/events/7440-dollar-extends-losses-to-2-week-low-as-us-bond-yields-fall.md) | -0.1% | +0.1% |
| DXY | 2019-10-02 | [Dollar falls vs yen, euro, tracking US stocks, yields](https://feedsoft.ai/events/56812-dollar-falls-vs-yen-euro-tracking-us-stocks-yields.md) | -0.2% | -1.5% |
| DXY | 2023-07-12 | [US dollar stumbles, drops to more than one-year low as inflation eases in June](https://feedsoft.ai/events/9977-us-dollar-stumbles-drops-to-more-than-one-year-low-as-inflation-eases-in-june.md) | -1.4% | +0.8% |
| DXY | 2018-12-04 | [Dollar drops as treasury yield curve inversion sparks recession fears](https://feedsoft.ai/events/6926-dollar-drops-as-treasury-yield-curve-inversion-sparks-recession-fears.md) | +0.7% | -0.4% |

## Sources

- traders.co.jp: https://www.traders.co.jp/news/article/3_1218869

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.